Undergraduate Program

Banking and Private Wealth Management

Welcome, 2018–19 Fellows Cohort!
Applications for Fellows programs for the next academic year (2019–20) will open in December 2018. Wall Street Fellows' applications will open in early Fall 2018.

FDIC Site Visit

Read about Banking and Private Wealth Management Fellows trip to the Federal Reserve.

The Banking and Private Wealth Management program (formerly Financial Services) is designed for students interested in the financial services industry, including traditional banking (loan officer, personal banking officer) and private wealth management (financial planners, personal investment managers). Emphasis on financial services: traditional banking, financial planners, personal investment managers. Potential partners may include commercial banks, savings and loans, credit unions, insurance companies, private wealth managers, and financial planning firms.

Dr. Elinda Kiss is the Faculty Champion for this program.

"BMGT 445F is one of the best courses I have taken thus far at the Smith School, and I feel that I have learned a lot from the content and teaching style. I also really enjoyed the opportunities to attend the NABE conference and visit the Fed and FDIC." - Anna Glazkova, '14-'15 Banking Fellow

Curriculum: one-year program

  • BMGT340 - by Fall (if not completed at time of application)
  • BMGT341 (Financial Markets) or ECON330 (Money & Banking) - by Fall (if not completed already; could be taken concurrently with BMGT445F but not preferred)
  • BMGT 313F (dedicated Fellows section of Financial Statement Analysis) - Fall
  • BMGT 445F (dedicated Fellows section of Banking & Financial Institutions) - Spring

Co-curricular activities/events

  • Finance Fellows Speaker Series
  • Site visit FDIC (meet with Vice Chair and Chief Economist)
  • Networking program with professionals in the field
  • Opportunity to work with Finance Professionals in Wealth Management firm, designing financial plans that meet the client's needs

Students are required to attend Finance Fellows Networking Night in the Fall plus two other co-curricular events as approved by the Finance Fellows team.

Career Connection

Examples of companies where Banking Fellows have interned or received full-time offers:

  • JP Morgan Chase
  • BNY Mellon
  • RSM
  • PwC
  • Enterprise

Eligibility Requirements

  • Must be a Finance Major (You may apply if you are in the process of applying to Smith as an internal transfer student, but Fellows admission would be contingent upon admission to the Smith School, College Park).
  • Minimum 3.0 GPA.
  • Minimum 45 credit hours at time of application.
  • Grade of B- or better in BMGT340 (may complete either spring semester at time of application or fall semester. Admission is provisional contingent upon satisfactory completion of BMGT340).

Apply

Applications for Banking Fellows for 2018-2019 are due February 12, 2018 at 11:59pm.

  • Online application form.
  • Cover letter – Explains why you want to be a part of this program, what you can bring to the program, and what you hope to gain from participating. (Address to faculty champion.)
  • Resume.
  • Note: Cover letter and resume must be submitted in pdf format.

Questions? Read our Fellows FAQs or contact smithfellows@rhsmith.umd.edu.